Granite Building Stone Price in Guatemala - 2023
Contents:
- Granite Building Stone Price in Guatemala (CIF) - 2022
- Granite Building Stone Price in Guatemala (FOB) - 2022
- Granite Building Stone Imports in Guatemala
- Granite Building Stone Exports in Guatemala
Granite Building Stone Price in Guatemala (CIF) - 2022
In 2022, the average granite building stone import price amounted to $790 per ton, increasing by 7.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2017 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1,046 per ton), while the price for Spain ($561 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Granite Building Stone Price in Guatemala (FOB) - 2022
In 2022, the average granite building stone export price amounted to $1,539 per ton, increasing by 59% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 208%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belize ($6,055 per ton), while the average price for exports to Costa Rica ($204 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.
Granite Building Stone Imports in Guatemala
In 2022, supplies from abroad of granite building stone was finally on the rise to reach 3.2K tons after two years of decline. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, granite building stone imports surged to $2.5M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Granite Building Stone in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 573 | 467 | 769 | 1,242 | 29.4% |
| Spain | 191 | 69.1 | 361 | 707 | 54.7% |
| China | 567 | 811 | 421 | 248 | -24.1% |
| India | 104 | 114 | 125 | 218 | 28.0% |
| Portugal | N/A | N/A | N/A | 106 | 0% |
| Others | 96.8 | 55.0 | 62.3 | 18.3 | -42.6% |
| Total | 1,531 | 1,515 | 1,738 | 2,539 | 18.4% |
Top Suppliers of Granite Building Stone to Guatemala in 2022:
- Spain (1259.1 tons)
- Brazil (1187.4 tons)
- China (316.2 tons)
- India (267.5 tons)
- Portugal (180.8 tons)
Granite Building Stone Exports in Guatemala
In 2022, the amount of granite building stone exported from Guatemala dropped to 83 tons, declining by -7% against the year before. Over the period under review, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 157%. As a result, the exports attained the peak of 89 tons, and then shrank in the following year.
In value terms, granite building stone exports surged to $128K in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 165%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Granite Building Stone in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 38.1 | 19.2 | 70.8 | 81.4 | 28.8% |
| Honduras | 0.4 | 1.8 | 1.2 | 41.7 | 370.6% |
| Belize | 5.1 | 9.9 | 5.6 | 2.6 | -20.1% |
| Costa Rica | 2.6 | 1.7 | 2.2 | 1.9 | -9.9% |
| Others | 1.1 | N/A | 6.5 | N/A | 143.1% |
| Total | 47.2 | 32.6 | 86.3 | 128 | 39.5% |
Top Export Markets for Granite Building Stone from Guatemala in 2022:
- El Salvador (43.9 tons)
- Honduras (29.1 tons)
- Costa Rica (9.5 tons)
- Belize (0.4 tons)
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